Multichain Journal
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Degen Calls on all Chains out there. Moon or dust on 100 chains Owner: @Dave998877
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When the news about the follow dropped, I was 99% sure it was a hack.
But he's still following. Together with the other Meta people following too, a random coincidence feels less likely to me. Still no proof of anything, but it keeps the thesis interesting.
One of these anti-hype plays I've been liking lately.
Wait for the first storm to pass, then see if the thesis still holds while many of the people who bought purely for the hype have already jumped ship.
| 2 | Here is the post about the other meta connected people following the Agrippa x
https://x.com/isitover/status/2102865345019277789 | 388 |
| 3 | Normally not my type of play, but I feel $AGRIPPA around 4m is undervalued here.
I've never seen Mark Zuckerberg follow a coin before. Now he follows Agrippa when the account has fewer than 100 followers? Other Meta people following it too makes this even more interesting to me.
This isn't the 10th random Frank, Toly or Ansem shill. A follow doesn't prove involvement, but it makes me wonder what caught his attention this early and whether there's more behind it.
There's been plenty of FUD around Musebook, and the LP pairing with it isn't ideal either. Add RH and the broader market bleeding, and it's a rough setup.
So yeah, a risky buy on a red chart on a red day. But these are also the entries where people later say, "In hindsight, it was obvious." Doesn't mean this will be one of them.
I just like the R/R here. Any direct interaction from Mark could bring a completely different level of attention. A fast 5ā10x or more is the upside I'm betting on, not something I'm taking for granted.
And if the mascot thesis around a major tech company actually develops, this could become more than a short-term play. For now, that's still speculation.
Normally I'd say do nothing on days like this. Made an exception here and bought a bit bigger. Let's see. High risk/reward kind of play. | 357 |
| 4 | Market looks dead today, and KOLs decided itās the perfect day to push the 402,459,495th WOOF on ETH.
These āSHIB connectionā wallets have been farming the same story for cycles.
It might even run if the FOMO guys jump in, but that doesnāt change how forced this whole narrative feels.
Time to touch grass. | 404 |
| 5 | BTW some KOLs sold the corresponding token and it went from 900k to 150k (wtf?). Thesis is the same here for me | 438 |
| 6 |  only 133 left to mint now after the reduce | 446 |
| 7 | https://x.com/BrokerBeasts/status/2104529813889597733 | 430 |
| 8 | https://stuckfunds.eth.limo/
Used this to find some old funds from scroll.
You dont have to connect anything, only need to enter the address. Useful for multichain people.
$135.2M left in the bridges somewhere | 534 |
| 9 | So a coin with working tech is āuseless utilityā at around 50k MC.
But once Unipcs apes, itās suddenly āthe best tech everā at around 2m.
Make that make sense.
This is exactly what Iāve been talking about over the last few days. Judge the utility and the thesis on their own merits.
Price action these days often feels completely disconnected from both. A KOL buying doesnāt suddenly make the product better. | 477 |
| 10 | https://x.com/MerrymenAI/status/2104311891602387313
More merrymen updates here | 438 |
| 11 | Seems to work well so far.
Will wait until some of the other bots like based_bot or maestro will integrate near and use this bot so long.
Also bought the corresponding token of the bot
$NEARFI
nearfi-e29a8e.nearpadfamily.near
https://dexscreener.com/near/refv2-nearfi-e29a8e.nearpadfamily.near:wrap.near:10000 | 415 |
| 12 | $MERRYMEN got sold off to around 150k multiple times and is now back at roughly 450k. PONS and CASHCAT also had multiple heavy sell-offs during their runs.
A sell-off alone doesn't mean your thesis is broken. It's easy to let red candles change your opinion even when nothing about the project has changed.
That doesn't mean every dip is a buying opportunity. But judge whether your thesis still holds instead of letting the chart decide for you.
Watching a few coins that have been sold off hard and still look legit to me. Might post about them soon. | 418 |
| 13 | https://x.com/RobinhoodApp/status/2104284945481089320
Robinhood retweeted some post from a big wallet shiller it seems. Back to 30m now from the 4m bottom after the sell-off | 452 |
| 14 | https://x.com/openglobe8/status/2104248193798025379
Good article about Merrymen and the news it had the last days | 473 |
| 15 | Since many of the new members have mostly been lurking rather than contributing, Iām opening the group to some new faces.
If you enjoy my journal, can stay active and want to help find and research gems, DM me for an invite.
Looking for people who want to contribute, share ideas and learn together. | 492 |
| 16 | If you havenāt noticed, Iām not here to brag about my Xs, my portfolio or what a great caller I am.
I want to show you the other side of this space too: the hard parts, the losses and the things that just donāt make sense.
People donāt talk about this stuff enough, even though so many struggle with it.
Hopefully, some of these thoughts help you at some point on your own journey. | 494 |
| 17 | There was a time when the rules felt simpler.
The main runner (alpha) went to, say, 10m MC. You could then use the 10% rule of thumb: roughly 1m potential for the beta and 100k for the third runner.
Lately, Iāve seen plenty of examples where that logic just doesnāt hold up anymore.
Not sure what to make of it yet. Just journaling some patterns Iām noticing as the market changes. | 482 |
| 18 | Thatās one reason I mostly stay away from fresh pairs. I try to stick to the few setups I feel more confident about ā maybe 1ā3 a day, if that.
Otherwise, Iām following my strategy of finding coins that have survived for a while and are still building, like $Tickr.
The downside feels more manageable to me once the hype is gone and the team is still around. Staying active through low MC and barely any attention builds some confidence, even if it doesnāt guarantee anything. | 434 |
| 19 | I feel like FOMO changed a lot here.
My understanding was that Zipcoin is the alpha because Vitalik gave the ticker, while Snowmoon should be the beta.
But when people ape based on wallet tracking instead of understanding the thesis, price moves before they even know what theyāre buying.
It seems to take much longer now for the information to spread and for people to figure out which coin is actually connected to what. | 436 |
| 20 | Another thing: watch the market, see how plays develop and adjust.
I aped Snowmoon quite early, but it took a while to get moving. Sold for a quick 2x, which was my plan. ETH plays had been super jeety, especially anything connected to Vitalik tweets.
But things seem to be changing. Beast and Snowmoon showed a similar pattern: a slow start, a few minutes for attention to spread, then a much stronger chart than Iāve been seeing on SOL and RH lately.
Next time I see a similar setup, Iāll give it more room and aim for a bigger move.
Thatās what I mean by adapting. Review your thesis, your entries and your exits. Following your plan is good, but keep checking whether that plan still fits the market. | 441 |
